Avnet, a global technology distributor, has announced that Ray Sadowski, the company’s chief financial officer (CFO) for the past 19 years, has notified the company of his intent to retire. Accordingly, the company has initiated a search to replace him and has engaged Crist/Kolder Associates, a specialist search firm, to assist in this process.
Sadowski will remain fully engaged in his current role and responsibilities until his successor is in place and will continue in a senior advisory role as needed to ensure a smooth and seamless transition.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.